As published in New Jersey CPA Magazine, Summer 2021 Issue The COVID-19 pandemic has resulted in historically low interest rates, depressed values of certain assets and a need for increased federal revenue. When combined with the shift of power in Washington, this becomes a critical and advantageous time for clients […]
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Related Practice: Taxation
New Sheriff in Town: Biden to Focus on Reversing Trump Policies
February 26, 2021 | by Gary Botwinick, Matthew RheingoldAs published in New Jersey CPA Magazine, Spring 2021 With Democrats now controlling the White House and both chambers of Congress, President Biden could be poised to implement an agenda that may affect millions of taxpayers. During his presidential campaign, President Joe Biden, in an effort to raise revenue by […]
As published in New Jersey CPA Magazine, July/August Issue The 2017 Tax Cuts and Jobs Act (TVJA) was one of the most comprehensive changes to the Internal Revenue Code (IRC) in history. Several changes implemented by the TCJA, including taxation of alimony, greatly affect divorce and matrimonial practices. For divorces […]
As published in New Jersey CPA Magazine, July/August 2020 Issue In Wayfair, the Court upheld a South Dakota law that required certain out-of-state sellers to collect and remit sales tax regardless of whether the business had a physical presence in South Dakota. For over 50 years, since the Supreme Court’s […]